Account ClosedAhh heck Marc, relax and enjoy the fact that you can see stabilization on the horizon.

I enjoyed that response.)What Brian said about getting to know brokers is even more important in this market.  

Good luckAnd enjoy the ride

As for your scenario, you could get to a point where you consciously default and walk away.  

I enjoy being a part of the site!!

Pursue and invest your time in what you enjoy, and you'll never work a day in your life!

I'm at the point in my life where I would like to enjoy my life with my family and travel and be my own boss and not having to work for  less then I am worth.

I am currently living in an expensive city for work, but am looking for less expensive markets where I'd enjoy to live, and where I could earn a living while ramping up a passive stream.  

I imagine that this would be a safer option because you could A) have tenants help to service your debt B) have up to a 30 year payback period C) write off interest debt D) depreciate the property E) enjoy lower interest rates.Am I missing something?

They are both great at learning the fundamentals.You may also enjoy this post, about multifamily properties: How to Buy a Small MultiFamily Property: A Step by Step Case StudyOh - and don't forget to set up your Keyword Alerts!